To apply for a Credit Union EdAccess Loan you must be enrolled at least half-time in a degree-granting program at an eligible school and you must be a member of a participating credit union. If you're currently not a member of a credit union, don't worry, we'll help you find one that you can join during the application process.

You or your cosigner also must meet our credit requirements. Choosing a creditworthy cosigner may lead to a lower loan rate and lower fees. To apply without a cosigner, you need to satisfy the following criteria:

• U.S. citizen with valid driver’s license/state identification
• 21 years of age
• Proof of two years of continuous, verifiable employment with sufficient income

No. We encourage all students to explore and exhaust all federal aid options first, and then use private loans to help pay your remaining education expenses.

A cosigner is a parent, grandparent, guardian or other adult who is creditworthy and willing to assume legal responsibility for the loan liabilities along with you. The cosigner must be a U.S. citizen.

In most instances, a cosigner is required to obtain an EdAccess Loan. A creditworthy cosigner increases the likelihood of your loan approval and may lead to a lower loan rate and fewer fees. Juniors, seniors & graduate student that meet the credit requirements may apply without a cosigner.

In a cosigned loan application both the borrower and the cosigner are applying for the loan and are jointly responsible for making all loan payments. In the unlikely event the borrower does not fulfil their obligation, the cosigner is required to make the monthly payments. Failure to do so will cause negative information to be reported on the cosigner's credit report.

If the borrower fails to repay the loan, then the cosigner is responsible for repaying the loan. However, the cosigner may be released of this obligation once the borrower is able to meet certain criteria to determine creditworthiness and makes 24 on-time full payments of principal and interest.